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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$86K - $122K
Units as of 2016
10

Company Overview

About Premier Vapor

Industry
Retail
Founded
2014
Leadership
Kevin Monahan, Founder and CEO

Franchising Overview

Franchising Since
2015 (6 years)
# of employees at HQ
40
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
10 (as of 2016)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
9160 Forum Corporate Pkwy., #350
Fort Myers, FL 33905

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Premier Vapor franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$24,900
Initial Investment
$85,650 - $122,100
Cash Requirement
$100,000
Veteran Incentives
$2,500 off franchise fee
Royalty Fee
5%
Ad Royalty Fee
2%
Term of Agreement
5 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Premier Vapor has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
5 days
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Security & Safety Procedures
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Premier Vapor landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021